Hymnode

1. Summary

Ranks

Liquidity

-

Developer

-

Social

20

Momentum (beta)

0

Stack Rank™

-

Price

$0.02 0.0%

Market Cap

$0.00 (#10716)

Supply

/

Tags

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Price
52W High price	$0.03
52W High date	3rd Apr 2023 (1 year ago)
All Time High (ATH) Date	8th Dec 2024 (2 months ago)
All Time Low (ATL) Date	8th Dec 2024 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$436,454.00

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Description

Hymnode (HNT)

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Hymnode (HNT)

Hymnode (HNT) is a utility token and cryptocurrency on the Helium Network. In industrial contexts, HNT refers to a contractual agreement where a company from one country produces custom-made products for another company based on their designs and materials. The producing company receives compensation in cash or kind, while the other company retains the rights to market the product under its own brand.

This contractual arrangement is significant in various industries such as clothing, footwear, furniture, software, hardware, pharmaceuticals, metalworking, and several others. The annual production value of HNT globally exceeds $10 billion, representing 10% of the Gross Domestic Product (GDP).

The low production costs in emerging economies make them attractive for producing consumer goods, as the significant difference in labor costs between developing and developed countries enables high profit margins. The HNT production economy has been growing since the 1960s and is expected to continue due to these cost differences.

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